Los Che are understood to be closing in on the Portuguese full-back, who has been coy when asked about his future at the Estadio de Alvalade
Valencia are close to signing Sporting Lisbon right-back Joao Pereira, Record claims.
The Portugal international, who joined the club from Sporting Braga in 2009 in a €3 million [£2.4m] deal, has been linked with a new challenge after becoming an integral part of Ricardo Sa Pinto's side.
|PEREIRA PREPARES FOR SUCCESS?
|18/1||Portugal are 18/1 with Sportingbet to win Euro 2012|
Questioned about his future at the weekend, the 28-year-old told reporters: "I am not thinking about my future just yet. I want what is best for me and for Sporting."
Pereira, who began his career at Benfica, has been included in Portugal's 23-man squad for Euro 2012.